The quantum dots market was valued at USD 652.2 million in 2021 and expected to reach USD 4416 million by 2027 and grow at a CAGR of 41.1% over the forecast period (2022 - 2027).
Cadmium-based quantum dots (QDs) are in trend, which have the advantage of broad UV excitation, narrow emission, bright photoluminescence (PL), and high photostability. Thus, cadmium-based quantum dots have applications in bio-imaging, electroluminescence (EL) and photovoltaic (PV) devices, catalytic hydrogen production, sensors, etc. - Demand for quantum dots in high-quality display devices is a key driver for the market. A widespread practical application of QDs is in quantum dot enhancement film (QDEF) layer, which is used to improve the LED backlighting in LCD televisions. By using quantum dots, one can get rid of all the in-between-colors and generate pure colors, thus, creating a much wider color gamut. Additionally, enhanced energy efficiency can be achieved, for the LCD TV.
Over the last few years, the Quantum Dots Market has been steadily increasing. Quantum dots are tiny fluorescent particles that can be used in a number of technological and health-related applications. The market is driven by specific applications of quantum dots in consumer electronics, IT & telecommunications, and industrial technologies. The market is likely to reach exponential heights in the coming years, thanks to increased investments from funding agencies, institutions, and private enterprises.
In many application sectors, the need for optimised devices with greater performance and high resolution is projected to be a key driver for the quantum dots market. The quantum dot industry is expanding due to factors such as rising demand for quantum dots in display devices and enhanced quantum dot characteristics. The Global Quantum Dots Market study offers a comprehensive analysis of the industry. The report includes a detailed analysis of the market's key segments, trends, drivers, restraints, competitive landscape, and other important variables.
The report also assesses the key opportunities in the Quantum Dot market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Quantum Dot Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
October 20, 2020: Samsung Electronics Develops Industry-leading Blue QLED Technology--
Samsung Advanced Institute of Technology (SAIT), Samsung’s R&D hub dedicated to cutting-edge future technologies has secured industry-leading cadmium-free blue Quantum Dot light-emitting diodes (QLEDs) performance.
2020.12.29: LG to launch quantum dot powered QNED TV next year--
LG Electronics will launch a new liquid crystal display (LCD) TV called QNED TV that uses MiniLED as the backlight. The company on Tuesday unveiled the TV at an online press event in South Korea. LG QNED TV will have a technology called quantum nanocell color technology, which combines nanocell and quantum dot technologies.
The size of the quantum dots market is being influenced by rising demand for simulated solutions, quantum-inspired hardware, and universal optimization chip (Trion)-based solutions. Furthermore, the introduction of actual quantum dots-based hardware backend is likely to completely transform the market.
The move from quantum-inspired to genuine quantum solutions based on quantum computers would boost industry growth dramatically. Furthermore, the increased demand for quantum dot technology in display devices, as well as the energy efficiency that quantum dots provide, have a beneficial impact on market shares.
Quantum Dot Market is segmented based on the type, applications, companies and regions.
By Type, Quantum Dot Market has been segmented into
By Application, Quantum Dot Market has been segmented into
The report offers in-depth assessment of the growth and other aspects of the Quantum Dot Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The global quantum dots market is led by North America, owing to high demand for QLEDs and early adoption of the technology. Furthermore, the quantum dots market size is driven by the population's rising awareness of health and fitness. In North America, the United States has the largest quantum dots market share. Furthermore, market growth is influenced by the presence of technology providers and the increased investments by government agencies and aerospace and military to study and develop machine learning technologies. Throughout the forecast period, the North American quantum dots market is expected to maintain its dominance.
Quantum Dot Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Quantum Dot Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 41.1% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Nanoco Group PLC (UK), QD Laser, Inc. (Japan), Nanosys, Inc. (US), Ocean NanoTech (US), QD Vision (US), NN-Labs, LLC (US), Altair Nanotechnologies Inc. (US), OSRAM Licht AG (Germany), Quantum Material Corp. (US), UbiQD, Inc. (Mexico), LG Display Co., Ltd (South Korea), Crystalplex Corp. (US), Pacific Light Technologies (US), Nano Elements Source, LLC (US), Navillum Nanotechnologies (US), Samsung (South Korea) |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 94 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Quantum Dot Market?
The Quantum Dot Market is growing at a CAGR of 41.1% over the next 5 years.
Who are the key players in Quantum Dot Market?
Nanoco Group PLC (UK), QD Laser, Inc. (Japan), Nanosys, Inc. (US), Ocean NanoTech (US), QD Vision (US), NN-Labs, LLC (US), Altair Nanotechnologies Inc. (US), OSRAM Licht AG (Germany), Quantum Material Corp. (US), UbiQD, Inc. (Mexico), LG Display Co., Ltd (South Korea), Crystalplex Corp. (US), Pacific Light Technologies (US), Nano Elements Source, LLC (US), Navillum Nanotechnologies (US), Samsung (South Korea)
What are the significant types of Quantum Dot Market?
QLED, QDEF
What are the major end-use applications of Quantum Dot Market?
TV, Monitor, Smartphone, Others
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
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